Friday, August 21, 2009

United Finance´s profit up by 57pc

United Finance has generated a net profit of Rs 40.40 million in the last fiscal year, up 57.08 percent from previous year´s profit.

Likewise, the deposit collection of the finance company grew up by 59.77 percent to Rs 1.26 billion in the same year and it extended Rs 1.64 billion in loans, up 31.6 percent compared with that of the previous fiscal, according to a press statement issued by the finance company on Friday.

"The company plans to extend its network and will offer more consumer oriented services in the current fiscal year," the release added.
Source: Republica

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